Five charts to start your day
Economic development goes hand-in-hand with rising carbon emissions.
One of the aspects not often discussed in relation to carbon emissions is their link with economic development and wealth. Indeed, achieving carbon neutrality by 2050 would be ideal, but not at the cost of our current standard of living. This represents the greatest challenge that we have yet to resolve, which is why I want to kick start the day with this first chart.
This represents a new type of data visualisation technique developed by my friend, Richie Lionell. It illustrates three phases of economic transition, starting with the UK as the world's largest economy, followed by the US, and concluding with the rapid ascent of China and the rest of Asia.
What is also interesting is the increasing complexity and competitiveness of the global economy over the years, as seen by the growing number of small boxes that represent each region. It offers an interesting perspective on the classic bar chart race, allowing viewers to drill into the data within each bar.
Source: Richie Lionell
Coming up:
China’s gold imports surge
VC fundraising in blockchain and crypto starts drying up in 2023
EM investors are staying away from China
Americans are getting ready for the solar eclipse
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